NOT LISTED FOR SALE

Estimated Value: $788,000 - $958,000

4 Beds
4 Baths
3,896 Sq Ft
$226/Sq Ft Est. Value

Last Sold April 05, 2013

Last sale price $653,500 $168 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,626/month

142 Days on Market

About This Home

As of April 2013

This recently built custom home features well-proportioned rooms, top-drawer finishes and the latest amenities that one expects in an urban luxury home--all located in exclusive, gated Watermark fronting the canal. The stately facade facing west features 3 levels of porches overlooking water & walkways. The handsome entry leads to an open floorplan. The spacious kitchen features the best cabinetry and appliances. Unequalled location w/private access to the canal and the Cultural Trail.

Last Agent to Sell the Property

Joe Everhart

Everhart Studio, Ltd. License #RB14039264 Listed on: 10/09/2012

Co-Listed By

Seth Patton

Luxcity Realty License #RB14051044

Last Buyer's Agent

Nathan Pfahler

Weichert, REALTORS-New Dimensions

Weichert, REALTORS-New Dimensions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,896

Year Built

  • 2006

Lot Details

  • 4,356

HOA Fees

  • $143 per month

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,896

Year Built

2006

Lot Details

0

HOA Fees

$143 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Directions: From North Meridian go west on North Street to Senate..go north on Senate to Walnut--This is also part of the cultural trail. Go west on Walnut to the gated entry to Watermark. You will need a gate code.
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: WATERMARK
  • Special Features: None
  • Year Built: 2006

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Gas Oven, Range Hood, Refrigerator
  • Has Basement: Daylight/Lookout Windows, Finished, Walk Out
  • Fireplace Features: Great Room
  • Areas Interior: Foyer Small,Bath Jack-n-Jill,Laundry Room Upstairs
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 2848
  • Main Level Sq Ft: 1158
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Balcony,Sinks Double,Fireplace,Tub Full with Separate Shower,Suite
  • Below Grade Sq Ft: 1048
  • Upper Level Sq Ft: 1690
  • Pct Optional Level Finished: 75+%
  • Bathroom Areas: 4.0000
  • Optional Level Below Grade: Walk Out Basement
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Interior Amenities: Attic Access, Built In Book Shelves, Raised Ceiling(s), Walk-in Closet(s), Wood Work Painted
  • Other Equipment: Security Alarm Monitored, Smoke Detector

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Association Maintained Building Exterior: 0
  • Porch: Balcony,Covered Porch
  • Construction Type: Cement Siding, Wood Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Attached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Solid Waste: 0
  • Water Heater: Gas
  • Sewer: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 430
  • Association Fee Frequency: Quarterly

Fee Information

  • Association Fee Includes: Maintenance, Snow Removal

Lot Info

  • Acres: <1/4 Acre
  • Lot Information: Gated Community
  • Lot Number: 9
  • Lot Size: 0.10 AC

Tax Info

  • Semi Annual Property Tax Amt: 3448
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption
  • Tax Annual Amount: 6896
  • Tax Year: 2012

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2012
Closed on
Apr 15, 2013
Sold by
Gethers Lisa and Gethers Ryan
Bought by
Patel Nita J and Patel Bakul
Seller's Agent
Joe Everhart
Everhart Studio, Ltd.
Buyer's Agent
Nathan Pfahler
Weichert, REALTORS-New Dimensions
List Price
$700,000
Sold Price
$653,500
Premium/Discount to List
-$46,500
-6.64%
Current Estimated Value
$879,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,102
Avg. Annual Appreciation
2.17%
Original Mortgage
$453,500
Outstanding Balance
$326,003
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$527,813

Purchase Details

Listed on
Oct 9, 2012
Closed on
Apr 5, 2013
Sold by
Gethers Ryan
Bought by
Patel Nita Jayavant and Patel Bakul
Seller's Agent
Joe Everhart
Everhart Studio, Ltd.
Buyer's Agent
Nathan Pfahler
Weichert, REALTORS-New Dimensions
List Price
$700,000
Sold Price
$653,500
Premium/Discount to List
-$46,500
-6.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,500
Outstanding Balance
$326,003
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$527,813

Purchase Details

Closed on
Apr 19, 2007
Sold by
Hodm Homes Llc
Bought by
Gethers Rayn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$685,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2005
Sold by
Watermark Townshomes Llc
Bought by
Hdgm Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Patel Nita J -- --
Patel Nita Jayavant $653,500 --
Gethers Rayn -- None Available
Hdgm Homes Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Nita J $453,500
Previous Owner Gethers Ryan $588,000
Previous Owner Gethers Ryan R $73,500
Previous Owner Gethers Ryan $129,000
Previous Owner Gethers Rayn $685,000
Previous Owner Hdgm Homes Llc $556,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2013 04/05/13 Sold $653,500 -6.6% $168 / Sq Ft
10/09/2012 10/09/12 For Sale $700,000 -- $180 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,557 $822,400 $121,600 $700,800
2023 $9,557 $778,900 $121,600 $657,300
2022 $9,412 $778,900 $121,600 $657,300
2021 $9,044 $751,700 $95,400 $656,300
2020 $8,767 $726,100 $95,400 $630,700
2019 $7,977 $648,100 $95,400 $552,700
2018 $9,114 $730,000 $95,400 $634,600
2017 $7,888 $725,600 $95,400 $630,200
2016 $7,755 $732,600 $95,400 $637,200
2014 $8,150 $742,800 $95,400 $647,400
2013 $7,405 $707,700 $95,400 $612,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21200017

MIBOR Broker Listing Cooperative®

APN: 49-11-02-250-026.031-101